Industrial and Commercial Bank of China

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Industrial and Commercial Bank of China Ltd. (ICBC) ([中国工商银行] error: {{lang}}: unrecognized language tag: zh-s (help); 中國工商銀行; Zhōngguó Gōngshāng Yínháng, more commonly just 工行 Gōngháng) is the largest bank in the world by profit and market capitalization.[1] It is one of China's 'Big Four' state-owned commercial banks. The other three banks are Bank of China, Agricultural Bank of China, and China Construction Bank. It was founded on January 1, 1984. At first it was a private company. It had assets of RMB 12.55 trillion (US$1.9 trillion). It also had over 18,000 outlets including 106 overseas branches and agents globally.[2] In 2013, it was ranked number 1[3] on Forbes Global 2000 list of world's biggest public companies.[4]

References[change | change source]

  1. ↑ "ICBC tops Citigroup as world's biggest bank". China Daily. Reuters. 24 July 2007.
  2. ↑ China's biggest bank goes to market, Financial Times
  3. ↑ "ICBC". Forbes. Retrieved April 19, 2013.
  4. ↑ "The World's Biggest Public Companies". Forbes. Retrieved June 6, 2011.

Other websites[change | change source]


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